The call constitutes a further sign of strengthening Saudi-Chinese relations following the Chinese-brokered reconciliation deal between Saudi Arabia and Iran as well as major … the first two months …
China, Saudi Arabia consolidate energy ties amid uncertainty over Russian supplies
A landmark US$10 billion deal for a new refining complex in Liaoning province will help China to shore up its long-term energy security, analysts say It’s a ‘win-win’ for Riyadh as well, thanks to the …
Saudi tire plant backers target construction in 2024
The backers of a project to build the first tire production facility in Saudi Arabia are targeting mid-2024 for the start of construction. Black Arrow Tire Co. (Blatco) said the facility, to be …
Saudi National Bank chairman resigns after Credit Suisse loss
This change will take place about two weeks after Khudairy said SNB, Saudi Arabia’s biggest bank by assets … level up with the likes of Bank of America or the Bank of Singapore. Business and policy …
Analysis: Iraq’s ambition to match Saudi oil output is out of reach
Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, falling short of 2027 targets and ending a long-standing ambition to rival the output of Saudi Arabia.
Foreigners will be allowed to own property in Saudi Arabia: REGA chief
The new law for ownership of a real estate by foreigners is in its final stages, and will be made public in a short period …
Pakistan’s exports to Middle East decline by 12 per cent
Pakistan’s exports to the Middle East saw a mixed trend with a rise to Saudi Arabia and Bahrain while a decline to other countries of the region.
Iran, Saudi Arabia Take Steps to Reestablish Diplomatic Ties
Iranian Foreign Minister Amir Abdollahian and his Saudi counterpart Faisal bin Farhan held a telephone conversation to discuss steps to put the ties …
REGA chief: Foreigners will be allowed to own property in Saudi Arabia
Abdullah Alhammad, CEO of the Real Estate General Authority (REGA), acknowledged that real estate prices are high owing to a gap between demand and supply in Saudi Arabia. Attending Al-Liwan program …
Islamic Development Bank Institute (Isdbi) Helping Uzbekistan To Build A Resilient Islamic Finance Industry – Mid-East.Info
The objectives of the mission were to assess the progress of on-going projects in Uzbekistan and to pilot the Islamic Finance Country Assessment Framework JEDDAH, Kingdom of Saudi Arabia – A technical …